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IRB Infrastructure Trust makes non-binding offer to IRB InvIT Fund to transfer 5 toll assets

IRB Infrastructure Trust makes non-binding offer to IRB InvIT Fund to transfer 5 toll assets

IRB Infrastructure Trust makes non-binding offer to IRB InvIT Fund to transfer 5 toll assets

IRB Infrastructure Trust plans to transfer five highway assets to IRB InvIT Fund. The deal is valued at Rs 15,000 crore. The transfer is part of IRB's strategy to develop and then transfer stabilized assets to the public platform. IRB will use the proceeds to invest in new infrastructure projects.

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